An agile team is in the early phases of the development cycle for a project; however, they have already begun to deliver functionality to the customer. The team has identified risks to the project and are working on developing the mitigation strategy. I What should the project manager do next? Escalate the risk to the project sponsor and steering committee. Determine if any of the new risks have any financial impact. Incorporate and prioritize the risks in the risk register according to impact. Implement the risk mitigation strategy according to the highest impact